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Tuesday, 07 July 09
POWER - STATION COAL MAY RISE ON CHINA DEMAND, SUPPLIES, UBS SAYS
Power-station coal prices in Asia may increase in 2010 because of higher demand from China, the second-largest energy-consuming nation, and supply constraints, UBS AG said.
UBS has raised its 2010 forecast for the benchmark coal grade burned by Japanese utilities to $90 a metric ton from $80 a ton in 2010, analysts from the bank wrote in a report dated yesterday. Power-station coal prices at Australia’s Newcastle port, an Asian benchmark, climbed 6.5 percent to $73.13 a ton in the week ended July 3, according to the globalCOAL NEWC Index.
Bottlenecks at Australian ports, heavy rain in Indonesia and increased imports by China constrained supplies of the fuel to Asian customers in 2007 and drove up prices. Market conditions are expected to tighten starting in the fourth quarter of this year and peak in 2011, UBS said.
“We are once again experiencing an increasingly tighter coal market with a theme developing similar to 2007,” UBS analysts led by Jakarta-based Andreas Bokkenheuser said in the note. China, the biggest producer and consumer of coal, burns the fuel to generate about 80 percent of its electricity.
Power use is increasing in China, as light industries step up production, after heavy industrial growth recovered in June, the UBS analysts said. Australian and Indonesian supply growth remains low and mining shutdowns in China’s Shanxi province have added to regional supply constraints, UBS said.
Price estimates for 2011 to 2013 have been reduced to factor in a possible supply response as coal producers address shortages, the analysts said.
Source: Bloomberg
(http://www.bloomberg.com/apps/news?pid=20601081&sid=aYezGDx3lDu4)
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Saturday, 05 September 09
SHANXI AIMS TO MAINTAIN 2009 COAL OUTPUT AT LAST YEAR'S LEVEL
Interfax-China reported that, Shanxi Province, the country's second-largest coal producing region, is aiming to keep its annual coal output a ...
Saturday, 05 September 09
INDIA BUYING INTO AUSTRALIA'S COAL - INTERVIEW
India is in line to buy vast amounts of Australian coal. An Indian cabinet minister is on a special mission to Australia to help satisfy India's ur ...
Saturday, 05 September 09
52 COMPANIES SUBMIT EOIS TO COAL INDIA
The Hindu, India's largest English news paper reported that, International mining majors from the U.S., South Africa, Australia and Indonesia are a ...
Friday, 04 September 09
INDONESIA PAITON ENERGY BUYS COAL FROM ADARO, KIDECO
PT Paiton Energy, an Indonesian independent power producer, has agreed to buy 3 million tonnes of coal from PT Adaro Energy Tbk (ADRO.JK) and PT Kid ...
Thursday, 03 September 09
ICVL IN TALKS FOR COAL BLOCKS IN INDONESIA
These acquisitions will help ICVL meet an internal target of importing at least 5 million tonnes (mt) of coking coal by 2012-13
LiveMint reported ...
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- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- PTC India Limited - India
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- White Energy Company Limited
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Australian Commodity Traders Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Metalloyd Limited - United Kingdom
- The University of Queensland
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Romanian Commodities Exchange
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Bukit Asam (Persero) Tbk - Indonesia
- Thai Mozambique Logistica
- London Commodity Brokers - England
- Australian Coal Association
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Sojitz Corporation - Japan
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- VISA Power Limited - India
- Larsen & Toubro Limited - India
- Deloitte Consulting - India
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Singapore Mercantile Exchange
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- European Bulk Services B.V. - Netherlands
- Globalindo Alam Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
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